Peter Lynch Quotes

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In the long run, it's not just how much money you make that will determine your future prosperity. It's how much of that money you put to work by saving it and investing it.

Peter Lynch

Running, Intelligent, Long

Peter Lynch, John Rothchild (2012). “Learn to Earn: A Beginner's Guide to the Basics of Investing and”, p.11, Simon and Schuster

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Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.

Peter Lynch

Trying, Lost, More Money

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Know what you own, and know why you own it.

Peter Lynch

Money, Intelligent, Investing

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Everyone has the brain power to make money in stocks. Not everyone has the stomach.

Peter Lynch

Investing Money, Brain, Making Money

Peter Lynch (2012). “Beating the Street”, p.306, Simon and Schuster

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Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.

Peter Lynch

Running, Business, Intelligent

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The list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility, a willingness to do independent research, an equal willingness to admit mistakes, and the ability to ignore general panic.

Peter Lynch

Pain, Mistake, Humility

Peter Lynch (2012). “One Up On Wall Street: How To Use What You Already Know To Make Money In”, p.80, Simon and Schuster

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Never invest in any idea you can't illustrate with a crayon

Peter Lynch

Ideas, Investing, Saving

Peter Lynch (2012). “Beating the Street”, p.27, Simon and Schuster

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Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.

Peter Lynch

Mean, Doe, Investing

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You should not buy a stock because it's cheap but because you know a lot about it.

Peter Lynch

Should, Knows

Peter Lynch (2012). “Beating the Street”, p.32, Simon and Schuster

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A price drop in a good stock is only a tragedy if you sell at that price and never buy more. To me, a price drop is an opportunity to load up on bargains from among your worst performers and your laggards that show promise. If you can't convince yourself "When I'm down 25 percent, I'm a buyer" and banish forever the fatal thought "When I'm down 25 percent, I'm a seller," then you'll never make a decent profit in stocks.

Peter Lynch

Opportunity, Forever, Promise

"One Up On Wall Street: How To Use What You Already Know To Make Money In The Market". Book by Peter Lynch and John Rothchild, 1989.

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Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.

Peter Lynch

Wall, Winning, Average

Peter Lynch (2012). “One Up On Wall Street: How To Use What You Already Know To Make Money In”, p.306, Simon and Schuster

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Spend at least as much time researching a stock as you would choosing a refrigerator.

Peter Lynch

Investing, Finance, Refrigerators

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You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

Peter Lynch

Investing, Investment, Decline

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Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.

Peter Lynch

Loss, Understanding, Balance

Peter Lynch (2012). “Beating the Street”, p.306, Simon and Schuster

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Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage.

Peter Lynch

Art, People, Investing

Peter Lynch (2012). “One Up On Wall Street: How To Use What You Already Know To Make Money In”, p.49, Simon and Schuster

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The best stock to buy is the one you already own.

Peter Lynch

Investing

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The Rule of 72 is useful in determining how fast money will grow. Take the annual return from any investment, expressed as a percentage, and divide it into 72. The result is the number of years it will take to double your money.

Peter Lynch

Years, Numbers, Return

Peter Lynch (2012). “Beating the Street”, p.108, Simon and Schuster

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Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.

Peter Lynch

Long, Worry, World

Peter Lynch (2012). “Beating the Street”, p.19, Simon and Schuster

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When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.

Peter Lynch

Buying, Attractive, Bottom

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Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100 percent correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies.

Peter Lynch

Successful, Keys, Years

Peter Lynch (2012). “Beating the Street”, p.305, Simon and Schuster

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The most important organ in the body as far as the stock market is concerned is the guts, not the head. Anyone can acquire the know-how for analyzing stocks.

Peter Lynch

Important, Body, Analyzing

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Hold no more stocks than you can remain informed on.

Peter Lynch

Peter Lynch (2012). “Beating the Street”, p.34, Simon and Schuster

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Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.

Peter Lynch

Investing, Panic, Making Money

Peter Lynch (2012). “Beating the Street”, p.306, Simon and Schuster

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You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.

Peter Lynch

Mean, Needs, Lifetime

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Charts are great for predicting the past.

Peter Lynch

Past, Predicting

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Born: January 19, 1944
Occupation: Businessman
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